| 9. Ronde | 19.11.1939 | Modena FC | - | AS Roma | 1:0 |  |
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| 10. Ronde | 03.12.1939 | US Triestina | - | Modena FC | 4:1 | |
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| 11. Ronde | 10.12.1939 | AS Bari | - | Modena FC | 1:0 | ||||
| 12. Ronde | 17.12.1939 | Modena FC | - | Torino FC | 1:2 | |
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| 14. Ronde | 07.01.1940 | Modena FC | - | Genova 1893 Circolo del Calcio | 1:4 | ||||
| 15. Ronde | 15.01.1940 | AC Milan | - | Modena FC | 4:0 | |
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| 17. Ronde | 28.01.1940 | Modena FC | - | Novara Calcio | 4:1 | ||||
| 20. Ronde | 18.02.1940 | AC Venezia | - | Modena FC | 0:4 | |
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| 21. Ronde | 25.02.1940 | Modena FC | - | SSC Napoli | 0:0 | ||||
| 22. Ronde | 10.03.1940 | AC Liguria | - | Modena FC | 1:1 | ||||
| 23. Ronde | 17.03.1940 | Modena FC | - | AS Ambrosiana-Inter | 1:2 | ||||
| 24. Ronde | 24.03.1940 | AS Roma | - | Modena FC | 1:0 | ||||
| 25. Ronde | 31.03.1940 | Modena FC | - | US Triestina | 2:1 | |
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| 26. Ronde | 21.04.1940 | Modena FC | - | AS Bari | 3:0 | ||||
| 27. Ronde | 12.05.1940 | Torino FC | - | Modena FC | 4:3 | |
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| 28. Ronde | 19.05.1940 | Modena FC | - | ACF Fiorentina | 3:0 | |
Uruguay